Norfolk anchors Hampton Roads with the world's largest naval station and a growing port and logistics economy. The city's property tax rate is higher than neighboring Virginia Beach, a key comparison point for buyers weighing the two markets.
Recommended for incomes above $85k/yr (28% DTI rule)
Norfolk housing market
The 1.25% property tax rate reflects the county-level effective rate for Norfolk and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Virginia average — county-level data produces more accurate monthly payment estimates for Norfolk buyers. Many Norfolk properties also carry HOA fees — the area average is approximately $100/month, which is not included in the calculator above.
Rate history
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